FCA speaks on capital market enhancement

Sarah Pritchard has spoken on FCA’s role and priorities in enhancing the UK’s capital markets. She focused on FCA’s transformation plan and how this would affect the way it regulates.  It has welcomed the proposals for the new secondary objective suggested in the new future regulatory framework. In the secondary market in particular, it sees major buy side opportunities to improve the rules applying to UK-domiciled funds. It is also focusing on supporting positive change in the financial services sector on ESG. It wants to make all its future plans and priorities transparent and is working to increase its headcount to properly support the market and FCA’s objectives.

Emma Radmore